If you don’t know what pump and dump means, here’s the short explanation:
A group of banksters need to unload a large position of a stock for an institution (sometimes it’s their own account).
They tell their analysts to make a great case for the public to buy a certain stock NOW. Then they go all out hyping the stock to their retail division (brokers) who, in turn, hype the stock to you the individual.
The public buys on the hype, the stock goes up on increased volume and the institutions successfully dump their positions.
Soon thereafter the stock falls and, once again, retail (you) is stuck holding the bag.
Adding insult to injury, when you get fed up and finally sell, the house will buy back your stock at a discount and fill the coffers of their institutional accounts…again.
It’s like the instructions on the back of a shampoo bottle…Wash, Rinse, Repeat.
So, when you see a Guru lavishing praise about a company, how do you tell if it’s legit or “pump and dump?”
We cover this subject (extensively) in our monthly newsletter Simplifying Wall Street in Plain English. And we show you how to spot a lie hyped-up analysis over a legitimate one.
Are you tired of falling for the bankster lies, yet?
Find the truth about how the system works against you and turn it around to your benefit.
Go (HERE) now.
You’ll thank us later.
More Stories
Saturday Rant…Blame Game Gone Bad
Between Now and January 20th…
Election or Squirrel Coverage